YPFB, the State oil company, announced that it concluded the works to modify its storage capacity to expand its ethanol plants and enhance their transportation system. YPFB’s president Oscar Barriga, said that the job demanded an investment of over $41 million and will allow the company to receive 150 million litres of anhydrous alcohol from sugar producers and convert them in super ethanol 92 combustible.
Bolivia and Argentina will discuss the lithium prices to be exploited in both countries. President Evo Morales and his Argentinian counterpart, Mauricio Macri, will meet to discuss this topic and signed other bilateral projects. Bolivia, Argentina and Chile posses around 80% of the global lithium reserves. Bolivia plans to invest more than $900 million in the exploitation and industrialisation of the mineral.